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When investing in fixer-upper properties, the key to success is to estimate existing damage and cost of repairs. Talk to several contractors and compare, compare, and compare some more! Once you have decided to move forward, the best way to get ideas on how to rehab a property without overspending your budget is to watch the extreme makeovers for properties reality TV shows. You will learn how other people have turned run-down properties into great looking homes! A great looking home will put more money in your pocket when you sell it.